IRELAND, Portugal, Spain, Italy, Greece News, Jun 05, 2012

Spain Warns Market Access Being Shut, Calls For EU Action On Bank Recap Wall Street Journal The warning from Madrid is reminiscent of similar alarms over prohibitive borrowing costs sounded by Greece, Portugal and Ireland before entering into bailout talks with such international lenders as the European Union and the International Monetary ... See all stories on this topic »

Debt crisis: as it happened - June 5, 2012 Telegraph.co.uk Spain admits for first time that it will need outside help to prop up its ailing banks, while G7 finance chiefs agree to work together to deal with the problems in Spain and Greece after an emergency conference call. Growth of the world money supply ... See all stories on this topic » Telegraph.co.uk

ECB holds off to force politicians' hand in crisis San Jose Mercury News There are concerns that Spain may join Ireland, Greece and Portugal in seeking international assistance. However, because Spain's economy is so much larger than the other three, any bailout would seriously strain other countries' resources. See all stories on this topic »

G7 to hold emergency euro zone talks, Spain top concern Reuters With Greece, Ireland and Portugal all under international bailout programmes, financial markets are anxious about the risks from a Spanish banking crisis and fret a Greek election on June 17 could lead Athens to leave the single currency and ... See all stories on this topic »

Walker: Merkel says 'nein' UPI.com German Chancellor Angela Merkel looks for her seat before a meeting of the International Security Assistance Force on Afghanistan at the 2012 NATO Summit on May 21, 2012 in Chicago. UPI/Brian Kersey By MARTIN WALKER, UPI Editor Emeritus PARIS, June 4 ... See all stories on this topic » UPI.com

George Soros Warns Germany: 3 Months to Save Europe Investing Daily According to Irish economist David McWilliams, the ECB's LTRO was merely a “cash for trash” temporary fix that allowed European banks to invest more money in the sovereign debt of insolvent peripheral EU countries (eg, Greece,Ireland, Italy, Portugal, ... See all stories on this topic »

Euro 2012 Preview: Breaking Down the Entire Field Bleacher Report It's now just three days to go until the festivities of Euro 2012begin in Poland and Ukraine. Matches begin on Friday June 8 and run through until the final on July 1. With various squads having to make last-minute changes due to injuries, ... See all stories on this topic » Bleacher Report

Debating bad choices: Euro's in a heap o' trouble TheNewsTribune.com The very belief in its early success reduced interest rates in Europe's periphery (Greece, Portugal, Spain,Ireland, Italy). Low rates fed credit booms and housing bubbles that, once burst, caused recessions and swollen budget deficits. See all stories on this topic » TheNewsTribune.com

Bad economic ideas, once embraced, become entrenched, infectious to the rest Bowling Green Daily News The very belief in its early success reduced interest rates in Europe's periphery (Greece, Portugal, Spain, Ireland, Italy). Low rates fed credit booms and housing bubbles that, once burst, caused recessions and swollen budget deficits. See all stories on this topic »

G7 to hold emergency talks Irish Times With Greece, Ireland and Portugal all under international bailout programmes, financial markets are anxious about the risks from a Spanish banking crisis and fret a Greek election on June 17 could lead Athens to leave the single currency and ... See all stories on this topic » Irish Times

Spain says markets are closing to it as G7 confers MSN Money The source, who requested anonymity due to the confidential nature of the call, confirmed that Germany was pushing Spain to accept an international rescue, as Greece, Ireland and Portugal have done, to help it recapitalize stricken banks. See all stories on this topic »

21 Signs That Global Financial Markets Could Be In For A Long Summer (XLF, FAS ... istockAnalyst.com (press release) #12 Over the past five years, the stock markets of Greece, Spain, Italy,Portugal, Ireland and Cyprus have all fallen by more than 50 percent. Will we soon see similar results all over the rest of Europe? #13 The Greek economy is literally shutting ... See all stories on this topic »

Football – Looking forward to Euro 2012 The Edinburgh Reporter It is not long now until the eagerly awaited Euros start off with matches in both Ukraine and Poland from 8 June 2012 onwards. 51 teams started off in the qualifiers back in August 2010 and we are now down to the final 16. Even though Scotland is not ... See all stories on this topic »

Global downturn puts investors, companies in retreat Reuters If Greece quits, "the Europeans will have to do extraordinary things to avoid contagion of the sort that could knock out Ireland, Spain and Portugal pretty quickly," said Gabriel de Kock, director of FX research at Morgan Stanley. See all stories on this topic »

G-7 to hold emergency eurozone talks The Daily Star With Greece, Ireland and Portugal all under international bailout program, financial markets are anxious about the risks from a seething Spanish banking crisis and a June 17 Greek general election that may lead to Athens leaving the eurozone. See all stories on this topic »

Predicting The Euro 2012 Winner The Bakersfield Voice Throughout the group phases from June 8 to June 11 Jupiter will be in Taurus. The powerful hues for this time are: green, yellow, white and light blue. Groups carrying these shirt shades are: England, Germany, Greece, Poland, Ireland, Italy, ... See all stories on this topic »

Euro 2012 Bracket: Sleeper Teams in Each Group of Tournament Bleacher Report We know Spain and Germany are locks to find their way out of the group stage. We know Russia has a fairly good chance of waltzing through Group A, that Netherlands should join Germany out of Group B, that Italy would be distraught if they did not to ... See all stories on this topic » Bleacher Report

European bank bailouts signal crisis is gathering speed Globe and Mail Fears that Spain's banks are on the verge of disaster have sent Spanish bond yields soaring to 6.5 per cent, only slightly below the 7-per-cent level that triggered the bailouts of Greece, Irelandand Portugal in 2010 and 2011. See all stories on this topic » Globe and Mail

Portugal to see negative growth iAfrica.com ... European Commission (EC) and European Central Bank (ECB) visited thePortuguese capital Lisbon from May 22 to June 4 for the fourth quarterly review of Portugal's economic programme. Portugal, like Greece, Ireland,Italy and Spain is implementing ... See all stories on this topic »

Calm returns to Wall Street, trading closes with mixed results Christian Science Monitor By Daniel Wagner, AP Business writer / June 4, 2012 Traders John Panin, left, and Michael Smyth work on the floor of the New York Stock Exchange on Monday, June 4, 2012. The Dow Jones industrial average opened at its lowest level since December after a ... See all stories on this topic » Christian Science Monitor

Merkel open to idea of European banking union STLtoday.com AP | Posted: Monday, June 4, 2012 4:14 pm | ( Loading… ) comments. German Chancellor Angela Merkel, right, welcomes President of the European Union Commission Jose Manuel Barroso for talks at the chancellery in Berlin, Germany, Monday, June 4, 2012. See all stories on this topic »

Dow ends flat as calm returns on Wall Street NDTV AP, 05 Jun 2012 | 07:46 AM Calm returned to the stock market Monday after a spasm of fearful selling last week. Major indexes closed mixed after trading modestly lower for most of the day. The Dow Jones industrial average opened at its lowest level ... See all stories on this topic »

Hollande to meet Monti in Rome next week Ahram Online The visit will come ahead of a June 17 election in Greece that could force Athens out of the eurozone, and a four-way summit of France, Germany, Italy and Spain on June 22 that will also take place in Rome. EU leaders are set to meet in Brussels for a ... See all stories on this topic » Ahram Online

Global Downturn Puts Investors, Companies in Retreat Insurance Journal If Greece quits, “the Europeans will have to do extraordinary things to avoid contagion of the sort that could knock out Ireland, Spain and Portugal pretty quickly,” said Gabriel de Kock, director of FX research at Morgan Stanley. See all stories on this topic »

Calm returns to Wall Street, stocks close mixed MassLive.com By AP By DANIEL WAGNER | AP Business Writer Associated PressTraders work on the floor of the New York Stock Exchange Monday, June 4, 2012. The Dow Jones industrial average opened at its lowest level since December after a 275-point sell-off on Friday ... See all stories on this topic » MassLive.com

Euro 2012 on STV: Your guide to our experts network at the Championships stv.tv By Thom Watt 4 June 2012 14:13 BST The European Championships are about to get under way and as part of our coverage we've put together some titanic football brains to give you insight on each nation. During the tournament these assorted writers, ... See all stories on this topic »

A mixed close on Wall Street as calm returns STLtoday.com AP | Posted: Monday, June 4, 2012 3:31 pm | ( Loading… ) comments. Trader Theodore Nelson, right, is reflected on a panel as he works on the floor of the New York Stock Exchange Monday, June 4, 2012. The Dow Jones industrial average opened at its ... See all stories on this topic »

A mixed close on Wall Street Albany Times Union AP Trader Theodore Nelson, right, is reflected on a panel as he works on the floor of the New York Stock Exchange Monday, June 4, 2012. The Dow Jones industrial average opened at its lowest level since December after a 275-point sell-off on Friday ... See all stories on this topic »

European ministers said to have told G7 they'll act to contain debt crisis CanadianBusiness.com By The Canadian Press | June 05, 2012 OTTAWA - There are reports that an emergency conference call of the G7 to discuss Europe's worsening debt crisis has drawn commitments of action from European representatives. Japan's finance chief Jun Azumi has ... See all stories on this topic »

Fine-tuning as Euro 2012 looms The Borneo Post Denmark and Germany arrived on Monday, to be followed later by their Group B opponents the Netherlands and Portugal. Greece jetted in to Warsaw on Sunday, with coach Fernando Santos warning they will be no pushovers, as they seek to repeat their ... See all stories on this topic »

Europe and Asia Home to Weakest Global Banks Business Review USA (press release) In initiating coverage of 206 of the world's largest 1 financial institutions, Weiss found that 75, or 42 percent, of the weakest banks -- those rated D+ or lower -- were based in Portugal, Italy, Ireland, Greece, and Spain (often referred to as PIIGS ... See all stories on this topic »

Update on the latest business 750 KXL Spain's banks are in shambles, and Cyprus appears close to joining the club of bailed-out countries that already includes Greece, Portugal and Ireland. BANGKOK (AP) — Asian stock markets are seeing modest growth as a respite from major bad news is ... See all stories on this topic »

Euro 2012: here's how our writers think it'll all pan out thejournal.ie The Spire isn't half as appropriate for post-beating-Spain delirium. What are you expecting to see over the next month? A win, a loss and a draw forIreland, not necessarily in that order; Fernando Torres to start the Italy match and be benched for ... See all stories on this topic »

Update on the latest business KRGV Spain's banks are in shambles, and Cyprus appears close to joining the club of bailed-out countries that already includes Greece, Portugal and Ireland. BANGKOK (AP) Asian stock markets are seeing modest growth as a respite from major bad news is giving ... See all stories on this topic »

As Spainish Banks Collapse, German FinMin Blames Greece - Keep ... By keeptalkinggreece June 5, 2012 at 6:20 pm. Ireland went down. It was the Greeks' fault. Portugalwent down. It was the Greeks' fault. Spain is teetering. It is the Greeks' fault.Italian crisis is gathering speed. It is the Greeks' fault. The French financial data are ... Keep Talking Greece

The View from Europe | JR Nyquist | FINANCIAL SENSE By JR Nyquist According to Joffe, “The PIIGS – Portugal, Ireland, Italy, Greece and Spain – should never have been admitted to Europe's common currency.” After all, what do the PIIGS have in common with “dour, disciplined Germany”? According to Joffe ... Financial Sense

Ireland's referendum on the fiscal pact « Across the Pond By bmwilken June 5, 2012. by bmwilken. Credit: William Murphy (Creative Commons BY SA). Credit: William Murphy (Creative Commons BY SA). Amidst all the grim news concerning prospects of Greece leaving the euro zone and Spainrequiring an ... Ireland, in contrast, has liked to see itself as the one country among the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) that has most studiously implemented the advice of the IMF and European Central Bank and is furthest along the road to ... Across the Pond

DAVID GOLDMAN: SUPRANATIONAL GOVERNMENT IN EUROPE ... By Ruth King By Ruth King on June 5th, 2012.http://pjmedia.com/spengler/2012/06/04/supranational-government-in-europe/?singlepage=true. Great swathes of southern Europe operated as a fiscal scam within the European Monetary Union, we know now. Greece lied about its economy to get into EMU and then ran .... Exhibit 5: Net direct exposure to debt of Greece, Italy, Ireland, Portugal and Spain by banks participating in ECB stress test. Source: European Banking Authority, McKinsey Global ... RUTHFULLY YOURS

This Is Why Spain Is Who We Should Worry About, Not Greece ... June 1, 2012, 9:53 am David Koch Yahoo!7. Greece is a ... Greece has been kept afloat to buy time for Spain, Portugal, Italy and Ireland to sort their acts out. au.smallbusiness.yahoo.com/news/a/-/13835873/.../2/

Euro 2012 Score Prediction Competition* Saturday, June 9 2012 19.00 Netherlands - Denmark 21.45 Germany -Portugal Sunday, June 10 2012 19.00 Spain - Italy 21.45 Republic ofIreland - Croatia ... www.mmo-champion.com/.../1141387-Euro-2012-Score-Pred...

GIIPS - Greece, Italy, Ireland, Portugal, and Spain GIIPS is an abbreviation for: Greece, Italy, Ireland, Portugal, and Spain. Business » ... "GIIPS." Abbreviations.com. STANDS4 LLC, 2012. Web. 3 Jun 2012. www.abbreviations.com/term/1406210

RealClearPolitics - Europe's Grim Choices June 4, 2012 ... The very belief in its early success reduced interest rates in Europe's periphery (Greece, Portugal, Spain, Ireland, Italy). Low rates fed credit ... www.realclearpolitics.com/.../europes_grim_choices_114355....

FT Alphaville » Markets Live transcript 1 Jun 2012 Markets Live chat transcript for the chat ending at 11:05 on 1 Jun 2012. .... BN 06/ 01 10:01 *TSIPRAS SAYS `FALSE DILEMMA' IS GREECE IN EURO OR DRACHMA ..... leadership over the past eighteen months (Ireland, Portugal,Spain, Italy ... ftalphaville.ft.com/blog/2012/06/01/1026971/markets-live/

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